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Medco Health Solutions, Inc. history
Medco Health Solutions, Inc. company history timeline
Although the Veterans Administration and other nonprofit groups had handled long-term prescriptions by mail for almost 40 years, in 1984 mail-order drugs accounted for only two percent of the prescriptions filled in the United States.
In 1985, Wygod acquired Paid Prescriptions from Computer Sciences Corp.
According to Forbes, in 1990, about $10 billion in maintenance drugs were funded by drug benefit plans other than Medicaid, with only $2 billion provided through mail-order services.
In 1991, Comnet Corporation, a producer of direct-marketing and health-care software, sold Medco enough stocks to give Medco a 23 percent share.
In 1992, revenue was above $2 billion.
By 1993, more than 100 of the Fortune 500 companies had signed on with Medco.
Health-care related companies were anxiously waiting as American politicians hammered out health-care reform measures in 1993.
Some experts predicted, however, that by the year 2000, prescription purchases would be decided by committees rather than by individual prescribing physicians.
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Medco Health Solutions, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Medco Tool | - | $70.1B | 24,000 | - |
| Orchard Pharmaceutical Services | - | $48.5M | 350 | - |
| BeneCard PBF | 2008 | $13.0M | 249 | 5 |
| National Medical Health Card | 1981 | $54.0M | 50 | - |
| CuraScript SD | 1994 | $18.0M | 378 | - |
| Elixir | 2001 | $17.0M | 75 | - |
| Navitus | 2003 | $1.1B | 310 | 102 |
| CCS Medical | 1994 | $280.0M | 3,000 | 26 |
| PharmaCentra | 2003 | $1.5M | 25 | 1 |
| Injured Workers Pharmacy | 2001 | $70.6M | 202 | 2 |
Zippia gives an in-depth look into the details of Medco Health Solutions, Inc., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Medco Health Solutions, Inc.. The employee data is based on information from people who have self-reported their past or current employments at Medco Health Solutions, Inc.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Medco Health Solutions, Inc.. The data presented on this page does not represent the view of Medco Health Solutions, Inc. and its employees or that of Zippia.
Medco Health Solutions, Inc. may also be known as or be related to Medco Health Solutions of Texas, Medco Health Solutions of Texas LLC and Medco Health Solutions, Inc.